[144] KLX Energy Services Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) has filed a Form 144 indicating that Officer Keefer McGovern Lehner intends to sell up to 5,500 common shares through Merrill Lynch on or about 27 June 2025. The planned sale was pre-arranged under a Rule 10b5-1 plan adopted on 28 March 2025. The shares were received as a stock-bonus award on 1 Feb 2025. At the recent indicative price of about $2.00 per share, the aggregate value is ≈ $11,000. With 17.55 million shares outstanding, the proposed transaction represents only 0.03 % of the float and is therefore immaterial to overall supply-demand dynamics. No other insider sales were reported in the past three months, and the signer affirms no undisclosed material adverse information.

Positive

• None.

Negative

• Insider sale by an officer could be interpreted as a mild negative signal, even though the volume is only 0.03 % of shares outstanding.

Insights

Securities Analyst

TL;DR: Small insider sale (0.03 % float) under 10b5-1; negligible impact on valuation.

The filing discloses an officer’s intent to sell 5,500 shares worth roughly $11k. Relative to KLXE’s 17.6 million shares outstanding and average daily volume, the amount is de minimis and unlikely to pressure the stock. Use of a Rule 10b5-1 plan lowers information-asymmetry concerns. The transaction stems from a recent stock-bonus award, so it does not imply conversion of previously locked-up options or a broader exit strategy. From a pricing perspective, insider activity trackers may flag the sale, yet portfolio managers will consider it routine housekeeping rather than a signal of deteriorating fundamentals.

Corporate Governance Expert

TL;DR: Routine 10b5-1 sale, governance compliant, marginal negative optics only.

The officer complies with disclosure rules, indicating transparency and alignment with SEC best practices. The 10b5-1 adoption date precedes the sale by three months, mitigating potential misuse of material non-public information. Given the nominal size, shareholder dilution risk is essentially nonexistent. Still, any insider sale can be perceived negatively, so the company may wish to contextualize the transaction in upcoming communications to avoid misinterpretation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001712745
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	KLX Energy Services Holdings, Inc.
SEC File Number	001-38609
Address of Issuer	3040 POST OAK BOULEVARD 15TH FLOOR HOUSTON TEXAS 77056
Phone	(832) 844-1015
Name of Person for Whose Account the Securities are To Be Sold	Lehner Keefer McGovern
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common stock	Merrill Lynch Pierce Fenner & Smith 800 Capitol Street, Ste 1900 Houston TX 77002	5500	11000.00	17553935	06/27/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common stock	02/01/2025	stock bonus	KLX Energy Services Holdings Inc			5500	02/01/2025	stock bonus

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	06/26/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/28/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Keefer McGovern Lehner
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many KLXE shares are being sold under this Form 144 filing?

The officer plans to sell 5,500 common shares.

What is the estimated market value of the shares to be sold?

The filing lists an aggregate market value of approximately $11,000.

When is the planned sale date for the KLXE shares?

The approximate sale date disclosed is 27 June 2025.

What percentage of KLXE’s shares outstanding does the sale represent?

About 0.03 % of the 17.55 million shares outstanding.

Was the sale arranged under a Rule 10b5-1 trading plan?

Yes. The filing states the 10b5-1 plan was adopted on 28 March 2025.